Apple’s most anticipated smartphone of the year, iPhone 5, is already facing a stiff competition in the smartphone market from the likes of Samsung Galaxy S2 and Motorola Droid Bionic. However, it could still face a far serious threat from HTC’s newest concept phone, Blast, which is rumored to arrive with a host of groundbreaking specifications.

Apple’s current biggest competitors, Samsung and Motorola, have already started to gain dominance in the smartphone battle. Both the device’s have launched with a lot of promise and enhanced specifications which have made them a crowd favorite in no time.

The 4.3-inch Samsung Galaxy S2 comes with a 480 x 800 pixels, super AMOLED Plus capacitive touchscreen. The smartphone sports an 8 MP, 3264x2448 pixels, autofocus, LED flash rear camera with video recording of 1080p at 30fps, and a front-facing 2 MP camera.

The device runs on Android 2.3 or Gingerbread juice and is powered by a dual-core 1.2GHz ARM Cortex-A9 processor, Mali-400MP GPU, Exynos chipset. Other notable features include NFC support, Adobe Flash 10.1 support, YouTube, Calendar, Google Talk and Picasa Integration.

The newest 4.3-inch Motorola Droid Bionic has arrived 540 x 960 pixels, TFT capacitive touchscreen with an internal memory of 16 GB storage, extendable up to 32 GB. The device also has 1 GB of RAM and 2 GB ROM. The device is complimented by an 8 MP, 3264x2448 pixels, autofocus, dual-LED flash rear camera with video recording capabilities at 1080p.

The smartphone runs on Gingerbread and powered by a dual-core 1GHz ARM Cortex-A9 processor, ULP GeForce GPU, Tegra 2 AP20H chipset.

The New HTC Blast is looking forward to enter the big league of exclusive smartphones with extraordinary Specifications. If the device, as rumored, makes an entry into the smartphone domain, it could spell doom for many others who are currently sitting pretty in the market.

Blast’s rumored specs include a 4.7-inch AMOLED display which could be major game-changer as most of the smartphones in its class have arrived with a maximum of 4.3-inch. The Google Nexus Prime has been rumored to arrive with a huge 4.5-5-inch screen that will support edge-to-edge video calling. If this is true then both Blast and Nexus Prime will go head-to-head in the smartphone market with no real competition in sight.

Apple’s iPhone 5 is also rumored to increase its screen size to a bigger edge-to-edge 3.7 to 4-inch curved glass, compared to iPhone 4’s 3.5-inch screen.

The Android-based Blast is said to run on version 3.0 or Honeycomb. This is also another major boost when other like Droid Bionic and Galaxy S2 are mentioned. The Samsung and Motorola made smartphones runs on Gingerbread juice. The Nexus Prime, however, is rumored to be the first to run the newest version of Android, which is version 4.0 or Ice Cream Sandwich. The iPhone 5 is expected to arrive with the new iOS 5.

The biggest talking point, currently, has been the rumored inclusion of a Qualcomm Snapdragon MS8660 1.5 GHz dual core processor along with Adreno 220 chipset. This very fast processor is complemented by a 1 GB RAM, 1 GB ROM and 32 GB of internal memory. The memory, however, can be increased via card slot. The only device to match this is, again, the Nexus Prime, tagged as an “Absolute Monster,” is also rumored to arrive with a dual-core Snapdragon processor which will include Krait chips from Qualcomm, along with a 1GB RAM. However, it is yet to be decided if the processor will be of either 1.2GHz or 1.5GHz.

The krait based Snapdragon processor will have the ability to run at a lightning speed of 2.5 GHz per core at the least power which will make it more than a hundred times faster than a normal ARM based CPU.

The iPhone 5 is rumored to sport an A5 processor in the range of 1.2-1.5 GHz.

Now the Qualcomm Snapdragon processor has made way for perhaps the grandest camera spec of all as the Blast has been rumored to arrive with a 12 MP rear camera, with full HD recording, and a 3.2 megapixels camera on the front for making video calls. Other is the market have a maximum of an 8 MP rear camera.

The iPhone 5 is also expected to sport an 8 MP dual LED Flash camera.